Greenpanel is India’s largest manufacturer of wood panels.
We are known for our top-quality Medium Density Fibreboard (MDF), Plywood, and Flooring. With state of the art facilities in Uttarakhand and Andhra Pradesh, we prioritize innovation and sustainability.
We take pride in our Greenpanel MDF, which is
Renewable Agro-Forestry wood
Outlets
CBM MDF
Employees
Export Countries
CSR Spend (INR crore)
In the present global scenario, Greenpanel acknowledges the importance of environmental, social, and Governance (ESG) stewardship as a fundamental aspect of our mission. Our business’s sustainable growth contributes to mitigate climate change and aligns with people’s desire for improved quality of life.
As the effects of the pandemic gradually wane, demand in the global MDF market is driven by increased investment in decorations, renovations, and remodelling worldwide. Simultaneously, we've also noticed a transition in global market dynamics, with traditional paradigms of business leadership giving way to a greater understanding of a company's connection with its environment. This transition denotes a shift in emphasis away from mere products and services and toward the production of value and the assurance of long-term sustainability.
Materiality Assessment exercise aims to evaluate the risks and opportunities that come our way around Environmental, Social and Governance (ESG) parameters. It is also an essential input for long term and short term planning. The importance of the material topics to stakeholders and its significance to our business is the key factors in conducting materiality analysis. This analysis then serves as the foundation for identifying, handling, and developing precise action plans to address these issues. The steps adopted for conducting Greenpanel’s materiality assessment are described below:
Local Communities
Manufacturing Plants
Local Communities
Employees
Investors
Lenders
Customers
Suppliers
Regulatory Bodies
Chairman’s Message
In the present global scenario, Greenpanel acknowledges the importance of environmental, social, and Governance (ESG) stewardship as a fundamental aspect of our mission. Our business’s sustainable growth contributes to mitigate climate change and aligns with people’s desire for improved quality of life.
As the effects of the pandemic gradually wane, demand in the global MDF market is driven by increased investment in decorations, renovations, and remodelling worldwide. Simultaneously, we've also noticed a transition in global market dynamics, with traditional paradigms of business leadership giving way to a greater understanding of a company's connection with its environment. This transition denotes a shift in emphasis away from mere products and services and toward the production of value and the assurance of long-term sustainability.
As the largest MDF manufacturer in India, we also have a responsibility to redefine our strategies for growth and competitiveness to make sustainability and inclusivity the core of business transformation to combat the enormous environmental and social challenges such as climate change, water stress and community welfare. Through a robust climate action plan, addressing water stress, fostering community development, and promoting wellbeing, we're dedicated to driving positive change.
Our unwavering commitment to continuous improvement and sustainable practices stands as a testament to our management’s far-reaching commitment for securing a healthier and greener future for all. We are focusing on agroforestry and timber plantation which serves as sustainable sources of raw materials. To further, leverage our environmental conservation effort, our plantation program, focuses on utilizing unused land, counters the environmental impact of wood usage. We are also taking initiatives to monitor water quality, practice rainwater harvesting, and prioritize clean energy expansion for reliability and eco-friendliness. This holistic approach highlights our commitment to sustainability and ecological well-being.
We firmly believe that strong community intervention forms the foundation of a successful and socially responsible business. We have significantly enhanced our involvement with the communities across three essential pillars: Education, Health, and Agroforestry. Hence, we’ve actively infused sustainable approaches into our operations, encompassing plantation programmes, employee welfare and supporting social causes. We also prioritize our employees’ well-being and focuses on promoting fair employment practices, work-life balance, and flexible work arrangements and demonstrate our commitment to creating a positive and inclusive work environment.
As we progress on this journey, we strongly believe that we can shape a sustainable future by establishing the pillars of our ESG framework and moving forward, we continually need their support and valuable insights to help us maintain and uphold our sustainability practices, ensuring a brighter future for our generations to come.
